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you don't want to be is john boehner. he's under fire from both democrats and republicans for not helping victims of sandy. >>> plus secretary of state hillary clinton is expected to make a full recovery after suffering a blood clot near her brain. so much for her critics on the far right who suggested she was faking being sick to avoid testifying about benghazi. >>> and let me finish with the reason it's hard to avoid a fiscal cliff. we begin with whether anyone really won in the fiscal cliff standoff. howard fineman is the director for the "huffington post" media group, steven walsh with the wall street journal. let's look at who came out the winner on this fight. on the right there's some significant disagreement. here's what bill kristol wrote just before the house vote. quote, politically republicans are escaping with a better outcome than they might have expected. and president obama has gotten relatively little at his moment of greatest strength. then there's conservative commentator charles krauthammer. >> in the house who hate the bill and for good reason. i mean,
if they work out a deal that's acceptable to the senate, then it's going to go to the house. speaker boehner has said they'll either vote on what the senate produces or amend it. that's a lot of work to get done within a day. and i think there are a number of house republicans still holding out, believing that they would rather vote to cut taxes after january 1st than vote for a deal now. >> so there's physically no time. >> i think it's very tough. >> well, but what dan's also saying is that just because the senate reaches a deal, even with the administration, there's no guarantee there are republican votes in the house to do it. >> yeah. we've seen that problem throughout the past few weeks. >> yeah. >> meanwhile, democrats say the biggest setback came earlier in the day when senator mcconnell proposed changes to social security benefits. in an exclusive interview on "meet the press," president obama said he had been willing to compromise to that issue as part of a larger deal. >> one of the proposals we made was something called chain cpi, which sounds real technical, but basically makes
within 48 hours. >> 85 republicans crossed the aisle to say yea. boehner turned a page in his statement saying, quote, now the focus turns to spending. the american people re-elected a republican majority in the house and we will use it to hold the president accountable for the balanced approach he promised. >> very rare a speaker and leader diverge. how much damage did the fiscal fight do to the speaker and the house and the senate? >> one thinks of the napoleon quote that you have don't interrupt the enemy when they're destroying themselves and you guys just waited around long enough and the republican party did that, didn't they, chris? >> a lot of republicans are faulting speaker boehner. they totally ignored him, they undercut him. >> you had an agreement last night. >> we have this totally dysfunctional senate and there are a dysfunctional congress and no wonder our back is up against the wall at midnight and we get some kind of -- this terrible deal that's thrown in our laps. >> so what was it like to be in the room when republicans voted on that deal? joining me now from capitol
two hours away from speaker boehner reconvening that chamber to do what? we still don't know. maybe they'll vote. maybe they'll debate. good morning. i'm mara schiavocampo. happy new year on a busy first day of 2013. well, most of us were celebrating into the wee hours of new year's eve while the senate was passing a deal to avoid the worst of the fiscal cliff hangover. the bill passed by a wide margin 89-8 setting up a showdown in the house which will convene at high noon on this new year's day. republican mitch mcconnell said the process wasn't pretty but got the job done. >> each of us could spend the rest of the week stusing what a perfect solution would have looked like but the end result would have been the largest tax increase in american history. it took an imperfect solution to prevent our constituents from a very real financial pain. in my view, it was worth the effort. >> nbc's luke russert is live on capitol hill. good morning. happy new year to you. >> good morning, mara. good to see you in the chair. >> thank you very much, sir. so the house republican conference meets
was because of the deal -- >> john boehner. because of john boehner. >> partly, mitch mcconnell force ed john boehner's hand. >> we expect senators to do that. that's what republican -- republican senators have always spent us deeper into debt. that's what they do. that's their hobby. >> look, in this round, the president got a ton. and liberals who are complaining are most worried not about the terms of this deal but about whether the president's got a weak hand going into the next round. the president, as you pointed out, has said as recently as sunday with david gregory, we need to do medicare reform. we need to do entitlement reform. when we deal with the sequester cuts in two months, when we deal with raising the debt ceiling, even though the president wants to keep that out of the debate, republicans are going to have another chance with leaders like john boehner and paul ryan making the argument. and i think the president once again is going to have that k n confrontation. >> how many trillions do you think they'll add to the debt, mika? paul ryan -- i had the tenth amendment on a lit
of the new year? if so, can speaker boehner come up with the votes to pass it? if not, what move might the speaker make knowing that time is running out? good morning. i'm mara schiavocampo on this first day of 2013. we've got a deal in the senate and now it's to the house. the republican conference will meet at 1:00 p.m. to strategize their way forward. the democrats in the house will meet at noon to figure out their move. nbc's luke russert joins us now live from capitol hill. he's following it all. luke, we understand that you've confirmed that a very special guest will be present when the democrats meet, when the house democrats meet. who is it going to be? >> that's right. for the first democratic caucus meeting of 2013 they'll hear from none other than vice president joe biden who will come here to capitol hill to brief them about the deal similar to what he did last night for his senate democratic faithful. he was really influential in helping get a lot of democrats to vote for the bill. it is expected he'll do the same thing today when he talks to his house democratic friends.
>> is the president setting up house speaker john boehner here for a majority of the house vote? >> that's the real question right now. right now, the focus is on the senate. what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've been watching "hardball." we'll be back in one hour with an all-new live edition. until then, "politics nation" starts rite now. >> thanks, richard. thanks to you for tuning in. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for business
-controlled house and speaker john boehner. about two hours before the senate voted, the house leadership said it would take a wait-and-see approach. "decisions about whether the house will seek to accept or promptly amend the measure will not be made until house members and the american people have been able to review the legislation." with me now, "the washington post's" david machimura and steve toma, chief political correspondent for "mclatchy" newspapers. good morning. >> good morning. >> happy new year. >> happy new year. david, let's talk about what we're going to see in the house. obviously, if it passes, a lot of people will probably be voting yes while they're holding their nose, but could there also be a revolt from conservative members that could threaten this bill? >> i think, chris, you can never predict completely smooth passage, especially in the house, but i think the senate wouldn't feel this confident about the bill had there not been some discussion between the two chambers. and i think if you look back to a year ago when there was a fight over the payroll tax, a similar so
and house speaker john boehner have been kept in the loop throughout. important because once the senate deals with this, it would go to the house. now, what we do expect in talking to a number of democrats tonight, some have put on coats and scarves and were going to lay down for a little while, waiting for the word to come back. others still think a vote can happen tonight. but tonight might not be defined by the final hour of 2012, but instead whatever time in the wee hours that document can get ready and get to the senate floor. so many people who work in the capitol who are not directly involved, from those who operate the trains that get from building to building to staffers on the senate floor to keep things moving to security, so many people working waiting for this to be resolved. political arguments and disappointments within the democratic side as we expect there to be among republicans as well. no deal gets everything people want. there are come radio mizes for people. and this is a smaller deal than many hoped there would be. it gives a short-term period before they have to
, but ultimately john boehner has said he wants the majority of republican members of the house to vote for whatever deal happens. that's a key factor. they have to agree to something that president obama also agrees to. that's a big gap. basically he's -- i don't know that there's 120 house republican votes for that yet. plan b was voted on, a -- house republicans wouldn't approve of that, either. the how is like a big block here on any kind of permanent deal. >>> i want to bring in debbie wasserman schultz, florida democrat and head of the dnc. congresswoman, when you look at what's happening today, you know, this meeting that's going to be happening at 3:00 p.m., what's going to be talked about there, what do you think? >> look, as long as the leaders are talking, there is still time for us to hammer out a deand prevent us from going over the fiscal cliff. what will be talked about today is what do the outlines and parameters of a possible deal look like that can be agreed to by a majority of democrats and republicans. really i think the key thing here is, will john boehner, instead
criticism about the president's tone today on "meet the press." this is what john boehner had to say, blaming the failure of a deal on the president. >> your response? >> well, that's very interesting, chris, because speaker boehner has refused to even hold a vote in the house of representatives on the president's proposal. we're not asking speaker boehner to endorse the president's proposal. we're not asking republicans to say they want to endoris the proposal. we're simply asking for a vote. we believe that republicans and democrats together could get a majority for the president's proposal to avoid the fiscal cliff and deal with the deficit in a balanced way. in fact, as we know, republicans like tom cole, a very conservative member from oklahoma, and others have said that that approach makes sense. and yet the speaker refuses to allow a vote on that proposal. and so allow democracy to work and so far unfortunately, speaker boehner has been held captive with the tea party wing of the republicans in the house, which voted down his own proposal just about a week ago, because he said
with boehner. he won't talk with the other republicans. he hasn't built the trust. >> so has the president and the democrats, do you think they have done enough to build trust on the other side? >> i think so. i have been here 30 years now. this republican conference in the house is more hard edged, more hard to bid than has been true almost all the time i have been here. there has been in a sense a radicalization in the republican conference here in the house and it makes it very difficult to negotiate. the president has been talking with the speaker. he made an offer. it was essentially rejected by the speaker. he then comes up with another alternative. it is turned down by the conference that he is supposed to lead. i think all of that has made this a more difficult proposition. i think the president, he has offered cuts in spending essentially it has been very difficult to deal with this republican majority now in the house. and what i am hopeful of in this very, very critical last 48 hours is that the senate will act, they will find common ground and i also hope that if that doesn't h
in 2012 voted aye. speaker boehner also voted i. mike emmanuel mentioned the chairman of the did he have it and debt commission to deal with this did he have it and debt came out with a detailed statement. i'd like to read it here. quote, the deal is a missed opportunity to do something big to reduce our long term fiscal problems but it small step forward in our efforts to reduce the federal deficit following on the one trillion dollar did he have it? spending. both steps advance efforts to put our fiscal house in order neither done, nor -- one nor combination of the two come close to solving problems and loaders must have the courage to reform our tax code and entitlement program such that we put it on a downward path as a percent of the economy. washington missed this magic moment to do something big, recuse the deficit, reform our tax code and fiscal entitlement programs we've known over a year this fiscal cliff is coming. washington politicians set it up. forcing them selfs to deal with our nation's lng term fiscal problems. after taking the country to the brink of economic disaster,
. the leadership has gone mum on that. we know there's not been communication between boehner and mcconnell, obama and boehner. are you amazed with this short amount of time to go there seems to be no sense of urgency on either side? >> am i amazed, given what we went through with the debt ceiling, no, i'm not amazed. i think there are forces here in this town that would like for us, sure people would like for there to be a deal, but going over the cliff on january 1st when there's this notion where it's not really a cliff, it's a slope, it's a curb depending who you talk to, that you can repair the damage if you get a deal done, you know, a few days after january 3rd. i think people feel like they can slow walk. as we saw last week when plan b failed, you know, speaker boehner said it's up to the white house and the democrats to come up with a deal. >> washing my hands with it. what's interesting is what you just touched on, conventional wisdom has grown now to it's a cliff, it's a cliff, we can't go off it, to we're okay for two to three weeks afterwards, the treasury can stay in place. do you t
out and showed an olive branch dejon banner ever since he has been in. -- john boehner ever since he has been in. president obama has tried to work with these people to get things done, and they will not work with him. host: let's hear from ron in appleton, wisconsin. caller: i woke up this morning, and i am an engineer, an african-american. i have been blessed with a good income. however, when i woke up this morning, though i feared my taxes going up considerably, i was a bit disappointed. the reason for that is that i'm looking long term. taxes, you have to pay for the debt that we have occurred. at this point, it does not matter how we got there. whether it is republicans and democrats or whatever -- it will take all of us to get out of it. it amazes me that everyone wants everyone else to sacrifice, but when it comes to me, i do not want to give that up. at this point, ok, if you are raising my taxes, ok, but make sure that we take care of the debt. that is the big thing. i'm thinking and 10-20 years down the road. i'm not be around then, but my children will be. host: ok, i appr
, constitutionally. so they think there's still some time. it's going to be a push for john boehner to get this by his members. even if it comes out of the senate with 70 or so votes, it's not a layup in the house by any means. >> right. mike viqueira, luke russert, thank you, gentlemen. >> take care. >>> while a deal on tax rates appears to be close, the issue of spending cuts is far more contentious as the president illustrated with a few choice words today. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone, and you hear that sometimes coming from them, sort of after today we're just going to try to shove only spending cuts down -- well, shove spending -- [ laughter ] shove spending cuts at us. if they think that's the formula for how we're going to solve this thing, then they've got another thing coming. >> i wanted to bring in democratic congressman john larson of connecticut with us from capitol hill. thanks for coming in. >> happy to be here. >> i want to talk spending in a moment but, first, what's your reaction to the parameters of
reforms or cuts in here and that might be a big bone of contention. >> you mentioned speaker boehner. the house as i mentioned adjourned earlier tonight and they will meet again tomorrow, january 1 at noon, 2013. speaker boehner's spokesperson brendon buck earlier tonight said all of this the back and forth this is all vice president biden and senator mcconnell and he said quoting here boehner and mcconnell have not spoken since last week. the staff is being apprised on what they have been working on. we have not been negotiating with any one which is interesting, ed, when you look at the possibility of whatever comes out of the senate if it comes out of the senate tonight and we keep talking about the possibility of this deal, you are right we have to get over the hump that you have to get over the 60 votes necessary to bring the bill to the floor of the senate and then they have to pass it through the senate. and then it goes to the house. now, speaker boehner the real question is here, ed, whether he brings up this piece of legislation. if it he does his own head check in the gop
suggested and that he is so far out on a limb it's going to be hard for house speaker john boehner to shove aside his fellow republican leader and not support him, not support getting this legislation through the house. otherwise, all those senate republicans, a vast majority of them that supported this will be hung out to dry. vice president biden, in fact today after he was on the hill, was just having a casual lunch at a sandwich lunch called pot bellies with staffers. he took a casual stroll back over to the white house and talking to reporters as if everything is still on track. in fact, when he was asked about this, he said he still thinks it's going to go through the house. take a listen. >> i hope so. i think so. >> what if the house sends the bill back to the senate? does it have a chance of passing? >> i think we're going to be okay. >> now we're told the vice president by the way ordered a meatball and prove lone. that's probably a good sign because they have another sandwich at that shop called a wreck. that's probably not a good symbol for how they want this to play out. >> i l
. so any vote in the house will be a vote for tax cuts, not for tax hikes. that helps. john boehner needs to take this deal struck in the senate that presumably has some buy in from him if not from his rank and file, because mitch mcconnell did not negotiate this is a vacuum and this is a pretty overwe will being vote. he will take this to his conference today and see where they are at. the expectation is there are two directions this could go. either a vote on the bill or house republicans propose changes so they can amend the bill more to their liking and send it back to the senate. but i think this is expected to move along here. >> there could be amendments, one past, they could vote on amendments, could fail, and then vote on the full measure. isn't that true also? >> yeah, that is true, and the other thing is once anything goes to the floor, it's not just up to republicans, it will -- and the think the expectation all along, whatever ultimately passes the house as we saw in the senate will require democrats and republicans. >> talking to phil gingery, seemed to be leaning no o
on new year's eve, still addicted to spending money. >> last friday, speaker boehner told the senate colleagues to find bipartisan deal and the house would consider, accept or amend their plan. with time running out, house lawmakers were left working on unrelated issues and feeling like the process is broken. >> the american people are looking at congress with disdain and rightfully so. with the deadline on the tis call cliff hours away we failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> february the deal gets done, there are no -- even if the deal gets done no guarantees that republicans in the house will like it. but strong bipartisan support in the senate may help. >> bret: we'll head back for breaking details. mike emanuel on the hill. thanks. ed henry at the white house with the latest there. sned >> going. the president has been mostly watching and waiting but the republicans charge excesstive celebration from the commander-in-chief may spike the deal. >> if we are going to be serious about the deficit an
the debt ceiling and with some of boehner's closest allies had met in the speaker's office and said to him, john if you come back with the deal, that you fashioned with obama this doesn't get more than say 100 votes or so and the republicans, cancer has cantor has started a whispered campaign and you are going to be -- we saw it happen with speaker gingrich and it can happen here. boehner walked away from a deal shortly after that. >> i want to come to the interplay between the leadership on the republican side in in a second but i have to ask this based on what you said. i think you know the president gave what was initially an off the record interview to the "des moines register" editorial board, speaking although he did not get the endorsement of that paper in one of the things he said in the interview was he believed he could get a grand bargain struck on the debt ceiling if he were reelected on november 6. a son what you're saying they may not be possible if if the freshman and now sophomores and many members who come and don't eventually give a nether blessing to cut a deal. in her m
. the final tally, 257-167, and while 151 republicans voted no, it is worth noting its speaker, john boehner, voted yes, so did paul ryan, by the way. here is the deal that took over 500 days to seal. no tax hikes for couples earning less than $ 450,000 a year. itemized deductions, and unemployment benefits extended and alternative minimum tax adjusted for inflation. >> here is the deal. what the deal doesn't address is federal spending. drastic domestic and defense cuts have been put off for more than two months. looking ahead that could get messy if this is an indication, think about that. and also the debt ceiling this is the end of february this is now at 16$16.4 trillion and by e way, we just blew past that this week. the president drawing a line in the sand for that upcoming battle. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already wracked up. the congress refuses to give the united states government the ability to pay these bills on time. and the consequences for the entire global economy would be catastrophic. fa
on new year's eve still addicted to spending money. >> last friday speaker boehner told his senate colleagues to see if they could find a by by bipartisan deal with time running out. house lawmakers were left working on unrelated issues and feeling like this process is broken. >> the american people are looking at congress with disdain and rightfully so. with the deadline on the fiscal cliff only hours away, we have failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> senate republicans are hopeful there will be a vote tonight. first, they would like an official score from the congressional budget office. so plenty of activity ahead here on the hill tonight. and if there is a vote and if it were to pass, then the house would pick it up tomorrow, bret. >> bret: just to be clear, mike. tonight, there is still a possibility, in the senate, because of the way it works, that you would have to get 60 votes to get the thing to the floor, it's not really clear that they have all those votes yet. >> that's right. we have
full well that these negotiations which started with the president and speaker boehner, they are are ending now with senator mcconnell and vice president biden but within days aft election speaker boehner sent a letter to the president of the united states saying we just had a status quo election. that was from the speaker. inside the white house they didn't believe it was a status quo election. they believe the president won decisively and did get the mandate. house republicans believe they had a mandate to cut spending and the president believed he had a mandate to raise taxes. they will have the same clash two months from now. not just over the sequester which will be back in two months but in two months another clash over the debt ceiling. i'm not sure anybody wins tonight when they are kicking the can down the road again. nation will still be watching this closely. the markets will be watching it closely but the white house will believe in the days ahead that they won because in this fight the president in the end is getting the tax cuts for the middle class he wan
cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he had an awfully strong hand to play, if it's a deal john boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral or not favorable, his chances will be a lot slimmer. >> lisa desjardins following the fiscal cliff negotiations on capitol hill. do you have any good news for us, lisa? >> reporter: the news is a little better than it was earlier today. we know negotiations are still happening. there was a point today where we thought there was a total breakdown. tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in
and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit and as part of an overall deficit reduction package. if folks can't say yes to good offers, then i also have an obligation to the american people to make sure that the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >> now, one of the questions in the days ahead will be whether or not this strategy back fired because republican leaders on the hill had their feathers ruffled by the fact that the president seemed to be blaming them. and speaker john boehner saying he should spend more time negotiating, why are you on tv while mitch mcconnell is working with harry reid to troy to get a deal. the president's point was if they do not make any progress on bipartisan talks in the senate since the clock is running out he wants a straight up and down vote on the senate on his fallback level. put it go in the $250,000 a year and extend unemployment benefits for 2 million a
of always been the case as the negotiations have gone on. first it was primarily between obama and boehner and now mcconnell and biden. but we are seeing some progress and i think the congressman should take comfort surely he will be let in to solicit the vote. >> david, what did you think of the president's comments? were they effective? what was the messaging and trying to get across and to whom? >> i was struck, t.j., mostly by the body language. not so much the contents of the remarks. he was confident, relaxed. this is a president that knows how to keep the cool under the pressure. the sub text seems to be there's hope here. he was not angry or despondent and frustrated. in a sense it was a good signal. i take to heart what one of your correspondents said about the republican reaction on capitol hill already saying this doesn't make it any easier for us to vote for it. i think that tells you where the republicans are coming from. they seem to think if the president is expressing pain do they win. and i think that goes to what just am starting to perceive almost a jihadist attitude on
with a colegislation of some of the members -- coalition of some of the members. do you expect speaker boehner will bring the bill to the floor of the house for a vote at all, and is his speakership at risk? >> the answer to the second question about the speakership is, no. this is a legislative issue, not a relationship issue. to your first point, i think the statement is well written which is that we're going to take a look at it and bring it to the floor. we will consider it. now, whether or not we amend it and find something that can get more republican support remains to be seen. see what the house wants to pass with republican majority. but i take my hat off to the leadership of at least giving the senate bill a vote. it's something that the senate has not done for us in a long time. so i'm glad to see we're going to be taking it up again. the house does go to session at 12, we're meeting at 1, so no chance we would vote on it before 1:00. heather: okay. you could amend it, how much longer would that take, add in the amendments, change it, and then where do we go? >> it depends. my guess
ago when speaker boehner had a plan to raise taxes on those earning more than $1 million, the feeling was that he had about 190 republican votes. if the will of 190 holes, then you'll get a -- then you'll get an oath -- if the 190 holds, then you will get a majority. it again, one thing we have learned in this game is that nothing is assured. host: now there is work to be done for this 113th congress. what is the dynamic there? guest: the democrats picked up a few seats in the senate. it is 55-45 at the moment. if john kerry is confirmed as secretary of state, then it goes to 54. democrats have a little more strength. the president gets inaugurated january 20, 21st. then we are back to fighting over the debt limit, the sequester, the continuing solutions. it goes on and on. host: give us the highlights of what was approved by the senate this morning. guest: the bush era tax rates continue for everybody except those individuals earning over $400,000 and families earning over $450,000. they want to bring the levels back to 39.6%. in addition, several other things. the alternative minimu
things by john boehner but he could have been right. democrats gave up a lot and they're going to be prime with giving up tax increases, the one thing they responded to about spending cuts for year so get ready for a lot of talk about spending cuts. >> anything to negotiate? >> i think spending cuts, reasonable democrats realize there have to be spending cuts. this is a new day, serious economic crisis. for 20 years we talked about for 20 years the republican party stood in the way of any meaningful tax increases and i think this was a big win for president obama and i do think the democrats acted responsibly. >> was it nice to wake up to this morning? >> the good thing also was that it was a compromise and the republicans were not, we didn't make the republicans, you know, pay for the entire election. >> let's leave with a smile on our face. thanks so much for being with us. you're all right yourself. >> thank you. >>> victor blackwell with "cnn newsroom" continues. >> good morning, happening in "the newsroom" dodging the fiscal cliff crisis for now. with all of the talk about
who covers capitol hill from us not to expect to hear from the speaker of the house john boehner after we hear from the president at 1:30pm. speaker boehner tried to put plan b of his own on the table and ended up not having the republican support for it, so he pulled back. as business watches these negotiations take place, and we heard from senator thune in mike emanuel's report a minute ago what is the reaction of the business community at this function that is on display in our nation's capitol. >> despair, anger frustration. if you go forward into 2013 not addressing spending, in fact the president wants to raise spending on struc infrastructure you go forward into next year doing that with tax increases on upper income people and some small business owners you will slow the economy down. business does not want a slower economy, it wants a more rapid rate of growth. the reaction from business to the kind of deal that seems to be shaping up, and i say that very reserved lee, their reaction istep eud at best, ev is t *erbgs pid at bess even though you have a modest rally a couple of
connell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has already passed t
. that was in the context of a big deal with speaker boehner. now we're talking about the mini deal. the patch to get us through the new year. so democrats argue that this doesn't even have the votes to pass the house and the senate as dana says, it's a quote poison pill in the eyes of the democrats. we can continue to discuss that. i just want to bring awe little bit of news, if i may. while this all is as you put it, i think in very clearly, quote, disgusting and everything is moving very slowly. there is one potential glimmer of light. and that is, that senate minority leader, of the republican, mitch mcconnell and vice president biden have spoken. they've spoken twice. and the two of them have a history of cutting deals together. they were able to cobble together the debt deal that got us through the debt negotiations and kept the country from defaulting back in the summer of 2011. does this mean it will happen again? no. but it at least means there is a line of communication open between democrats and senior democrat and republican and the possibility that who knows, maybe there could be a path for
party? didn't boehner try to go around them basically? >> i think the tea party has been weakened significantly in the last presidential election. only 21% of americans said they identified as supporters of the tea party. their kind of control over the republican party is substantially weaker. i do think you have hit tonight head, margaret. there's a centralized feel being among democrats that they can make compromises and they will not pay the ultimate price for that compromise. that is no longer something that is in the kind of dna of the republican party. we don't need to make any kind of false equivalencies here, this is a republican problem. they are no longer able to govern as a kind of full fledged party. >> charles, there's one economic argument that has come apart here and that is the tea party conservative republican argument that we want a government that spends money responsibly, doesn't overtax people. that got divorced from the idea that we ended up with people defend being the rights of people who earn more than $500,000 a year not to pay 4.6 percentage points highe
the $1 trillion in cost reductions that he offered speaker boehner over the last couple of weeks. none of y'all have ever asked him to my knowledge, for a list of specifics but maybe if he would give us those specifics now, we could use those as part of these negotiations. i've never seen those. i don't think they really exist. as a matter of fact, i'm pretty sure they don't exist. but so we are in a situation though -- this is all high drama, i realize. i think that leader mcconnell is having a pretty fruitful conversation with vice president biden and hopefully over the course of the next short period of time, will come up with a resolution that's different than taxing the wealthy to spend all the money right now. if we can do that maybe something goodwill co will come t another way to do this would bring a bill up on the floor and begin debating t that is what we are hired to do and be a much better process -- >> with rrngts i know you agree with me, you guys are hired to do a lot of things not done around here. i know you agree. >> i will agree. i have offered a bill to deal with t
." from washington, i'm krystal ball. reid calls boehner a dictator. ah, the holiday spirit. it is alive and well here. >>> i'm steve kornacki in new york. doesn't matter where you are. we are going to slide down the slope if a deal isn't reached. some faster than others. today, what you don't hear in all of this. straight talk when it comes to your wallet. >>> i'm toure. a big day today. anti-fragile. chaos can be good. oh, we'll make them mad today. >> maybe a little too much chaos for us who's still feeling under the weather, s.e. but we have a whole hour of "the cycle" starting right now. >>> it's basketball thursday here on "the cycle" and we have a classic for you as we relate dr. nasmith to the fiscal whatever here in washington. we take you to washington for last night's cavaliers-wizards game, a classic between the boehner-led cavs at 6-23 against the harry reid wizards at 3-22. pay attention, kornacki. cleveland won. the final was 87-84. this even though cleveland's best player irving missed 9 out of 10 shots in the second half and missed 4 out of 6 free-throws with no one guar
. this is going to be in their hands at this point. john boehner is like we've got to look at things. it's not going to happen overnight. >> it seems like a couple of weeks ago but it was about a week ago when the house of representatives voted on boehner's plan b which would have set the threshold at $1 million. now they're going to vote on it at $450,000. you've got to figure a lot of republicans aren't going to go along. >> what exactly happened? we're going to go over this in detail with chad who saw the play-by-play and was e-mailing us the play-by-play. mitch mcconnell called up -- bypassed senator reid who never got back to him on saturday and said can i speak to the vice president, joe biden? we're used to cutting deals together. like it or not, these are the two that hammered it out. they put it together. when it was all said and done, this is what joe biden had to say about how this deal actually came to fruition. >> what was said there was kind of hard to hear. what was your selling point? biden said: me. it's interesting, the senators, the democrats all got together late yes
and lost his career in a trumped up, fake scandal that rick santorum and john boehner created in the '90s. he lost his career, reputation, put on trial, exonerated but spent the last 20 years of his life totally unappreciated and died this year. he deserved a little bit of regular cognition, joe early. >> phyllis diller. amazing trailblazing comedian. >> she was. >> alex, sorry to see you go? >> i have two. george mcgovern and rob gi shank gl guard. very different men. >> i'm very sorry to see go whitney houston. >> yeah. >>> we're going to be back with more of our "last word holiday show." ♪ smoothes, lifts, defies? red jars are all the same right? wrong! you need three uses of a $15 cream to equal the moisturizing power of one use of regenerist microsculpting cream. seems not all red jars are created equal. olay regenerist. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morni
when fo mcconnell when for a longtime we were hearing it rested in boehner's hands. >> first it was boehner and obama, they failed to get a grand bargain. john boehner was unable to pass his plan b debt reduction bill and they decided to go in another way. boehner said let's see what the senate can do. we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is ticking. i know you're watching it closely. thank you so much for joining us. >> thank you. gregg. jon: a new report on the terror attack on our consulate in libya. who they are blaming for the deaths of four americans including our ambassador. a french court says goodbye to that country's controversial 75% tax rate on the wealthy. don't you wis
that john boehner and the president would discuss things, they would go back to their party. plan b, his caucus said no. things took a different turn today. we heard from a number of democrats, including robert reich on the show just a while ago, but we heard from democratic senators who said everyone is worrying about republicans saying no to this deal. there may be enough democrats to want to say no to it. is there a threat that the democrats might settle the deal? >> that is the concern. now, it's not something that the white house is opening talking about, but that is exactly why there is sort of this pressure to get this resolved right now, because there's momentum, they want to act on it fast, get it done, get it done because if we go over the cliff, democrat s will feel they have more leverage to settle the deal and draw this out into a longer battle. i will point out to you that the treasury secretary has already sent out a letter saying he's taking extraordinary measures now to extend the nation's credit because our debt limit has been reached. so we are already in this period w
christmas break. the house disappeared for the holidays after boehner's plan "b" failed. where is the sense of urgency? everyone is home at night and hopefully we're all putting our hopes on mcconnell and joe biden having a productive dinner, but by god, to your point, this has been going on for not just weeks or months, but years. and the fact that they're trying to cobble together some kind of patch to avoid the political pain and the economic pain more importantly to the country that's set to kick in tomorrow night at midnight is, frankly, pathetic, and it's a political problem, but it's an economic problem, and it's entirely self-created. when marshall blackburn was talking earlier and trying to blame the senate, look at the mirror. don't block at the other guy radio right now. you have to own this, and if particularly in the house of representatives because it's the republicans in the house that have been the biggest stumbling block. we got 98% agreement, both parties and the president agree 98% of americans shouldn't have their taxes raised and yet we're stalled. >> let me talk about
. there are theories put forward by many democrats that john boehner would not put any type of tax vote that would inflame his cause cuss, inflame conservatives around the country until after that gavel is safely in his hands when the new congress is sworn in on january 3rd. so things are still very much up in the air. we do know they will technically be going over that cliff at midnight tonight because the house and the senate for that matter have not voted on anything, and there is no handshake agreement that we are aware of on the totality of a deal, chris. >> if you could stand by, mike, i also want to bring in kristin welker who is at the white house and get a gauge of the mood there and what they think the next step is here. >> reporter: well, chris, they continue to say that they're optimistic, but, of course, they have been saying this all day and as mike points out, until there is a final deal, there is no deal. so they are hoping that through their conversations, they say they have been working the phones all day long. of course, the president, vice president, who has been deeply engaged
hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live pictures. maybe somebody is going to get out of that car, and we'll see if any of the other leaders will be heading to the white house. this is speaker boehner right now heading into the white house. we'll keep you updated as this hour progresses here. >> indeed, meantime, more red arrows here on wall street as investors are awaiting for any signs of progress from the white house meeting which is about to get under way. right now we're sitting smack on 13,000. we've clawed back from being below that earlier on today. the nasdaq has also moved to the downside by half a percent as we speak. the s&p 500, as we speak, folks, is now down for the fifth straight day. i think it's down about 1.3% over the course of this week. so far let's see what happens over the last crucial hour of this trading day. >> so the clock is ticking. all eyes are on the white house. we've got i'm an javers there in washington as we wait for the white puff of smoke to come
. the president and house speaker john boehner had once talked of a grand bargain with $4 trillion in deficit reduction. instead the congressional budget office calculated today that extending the bush era tax cuts for 99% of americans would add $4 trillion to the deficit over the next decade. the senate measure delays mandatory pentagon and domestic spending cuts by two months. as the house convened at midday a number of republican congressmen complained the bill is still too heavy on tax hikes and too light on spending cuts. ohio's steve la tourette dismissed it as a, quote, package put together by a bunch of sleep-deprived october octogenenarians on new year's eve and the alabama representative said the house needs more time. >> the house must postpone this vote until congress and the american people have time to study and evaluate this extraordinarily complex legislation and its impact on taxes, revenue, the economy our debt and a myriad of other issues. >> woodruff: tennessee democrat steve cohen warned about the consequences of not taking the senate deal. >> my district can't afford to
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